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11 February 2025 | 13 replies
Then just ask: Hey, since you moved out of state I was wondering what your intentions were with this house.
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9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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17 February 2025 | 13 replies
Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!
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2 February 2025 | 1 reply
Wondering about the impact of AI on marketing strategies in real estate?
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3 February 2025 | 7 replies
And I wonder if CCR or HOA can restrict these to protect the values of those homes ?
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16 February 2025 | 27 replies
I'm wondering if it's different by company.
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13 February 2025 | 7 replies
I was wondering whether there might be any tax advantages or disadvantages to my owning the property as both a resident and a landlord.
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5 February 2025 | 0 replies
I'm wondering if you can help advise on this situation.My mother currently resides in a property located in Los Angeles County.
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4 February 2025 | 8 replies
I have a team that manages our ads getting $15-20 leads nationwide wondering if AI is beating that.
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9 February 2025 | 12 replies
Interesting, I always wondered if it actually affected the listings.